Monthly Archives: <span>August 2008</span>

Coloradans Spent $26 Billion in Insurance Premiums in 2007

Where do Coloradans spend their insurance dollars? During 2007, Colorado citizens paid over 26 billion dollars in premium to approximately 1,306 companies, with 27 companies accounting for more than 50 percent of that total, according to the Colorado Insurance Industry …

Untrustworthy Insurance Agents Will Lose Licenses in Washington

Insurance agents in Washington state can lose their licenses if they are deemed “untrustworthy.” In an important decision, the Washington State Court of Appeals ruled that Insurance Commissioner Mike Kreidler was correct in revoking insurance agent Jack Chandler’s license based …

Bush Administration Wants More Notice on Workplace Hazard Rules

The Bush administration is proposing that workplace hazard standards be subject to more public and expert scrutiny before being adopted. Critics say the proposals could make it harder to limit worker exposure to carcinogens and other toxic materials. The federal …

Maryland Workers’ Compensation Costs Drop 5.4%

Maryland workers’ compensation carriers will be able to lower their rates an average 5.4 percent under a loss cost filing approved by the state’s regulator. The Maryland Insurance Administration this week gave its nod to the rate changes that can …

Drunk Driving Fatalities Decline in 32 States But Rise for Motorcyclists

New national figures show a significant decline in the number of drunk driving-related fatalities occurring nationally and in 32 individual states, according to U.S. Secretary of Transportation Mary Peters. However, Peters noted that the number of alcohol related fatalities among …

Florida-based Harden Promotes Theilacker to Chief Information Officer

Jacksonville, Florida-based Harden & Associates, an insurance brokerage company, promoted Dustin Theilacker to Chief Information Officer. As CIO, Theilacker will continue to provide technology vision and leadership for developing and implementing information technology initiatives. Theilacker previously held the position of …

AmWINS Insurance Brokerage Names Manassero VP in California

Brian Manassero has joined AmWINS Insurance Brokerage of California’s Chatsworth office as a vice president. He will specialize in property and product liability placements, and has 12 years of insurance industry experience. Most recently a senior broker at Western Security …

Fireman’s Fund Introduces Wildfire Readiness Program

Now in the critical months of wildfire season, Novato, Calif.-based Fireman’s Fund is introducing a, comprehensive, prevention-focused program for homeowners. The Wildfire Readiness Program was developed in collaboration with fire departments and wildfire defense companies. Highlights of the program include: …

Best Comments on CastlePoint, Hermitage Deal

A.M. Best Co. said that all of the ratings and the under review with negative implications status of CastlePoint Insurance Company (CPIC), Bermuda-based CastlePoint Reinsurance Company, Limited (CPRe) and CastlePoint Holdings, LTD (CastlePoint) “remain unchanged following the announcement that it …

Montana Recorded 54 Work-Related Fatalities in 2007

Montana had 54 work-related fatalities in 2007, according to the Census of Fatal Occupational Injuries (CFOI) study report released by the Montana Department of Labor and Industry’s Research and Analysis Bureau. That number of fatalities was an increse from the …